Developer: K KALEESWARAN
Current Version: 1.0
Last Updated: 3 years ago
Download Size: 150.1 KB - Download
In business, the break-even point (BEP) is the point at which cost or expenses and revenue are equal: there is no net loss or gain, and one has "broken even". A profit or a loss has not been made, although opportunity costs have been paid, and capital has received the risk-adjusted, expected return.
A business manager or owner need to know the required sales volume or minimum possible selling price(at fixed sales volume) at which his business is going to break even.
The break-even point is one of the simplest yet least used analytical tools in management. It helps to provide a dynamic view of the relationships between sales, costs and profits. A better understanding of break-even, for example, is expressing break-even sales as a percentage of actual sales—can give managers a chance to understand when to expect to break even (by linking the percent to when in the week/month this percent of sales might occur).
The break-even point is a special case of Target Income Sales, where Target Income is 0 (breaking even).
This app helps you to find the Break Even Point of your business(single product or multiple product,fixed price or fixed sales volume).
More Reviews for Current Version
practically useless - The only reason I don't give this a 1 star is because perhaps it might be useful if you have all the information that you need and are already really, really a wis at working out break even points, then this template like, so call app, might be of some help, but evern there I doubt it because if you have that knowledge you don't need this weak app. Total waste of what few funds I had. This app and the rest of this complany's apps are nothing but traps. (changed my mind and did give it one star!)